cyberevil » Tue Jan 05, 2016 9:06 am wrote:Basically you want the HGI to buy at the market price when you get buy signal and sell vise versa as well. I understand, but remember that buy can turn into sell and the gap is designed to protects us from that and takes opposite position. Which in long term will give you a small losses and larger gains.
If you're willing to risk that aspect of the ea and test it manually and convince Steve to add another variable that perhaps will give you the ability to turn on at buy/sell at market price. All the power to you.
Did you test this idea manually? do you feel this happens more than 50% of the time a trade is triggered?
krzysiekqq2 » January 4th, 2016, 12:22 pm wrote:Hi Cyberevil,
Thanks for the interest. Let me be a bit more discriptive on Long HGI signal example attached. With 30 pips grid when 1st oposite Sell Open is executed we have 60 pips gap to recover between 1 st Buy Stop and 1st Sell Stop. If trade reach 2nd Sell Stop, then there is 90 pips. What I recommend is to lower a gap to 30 pips by opening Buy Stop 4 when 1st Sell Stop is trigerred 30 pips above this level followed by Buy Stop 5 and Buy Stop 6 when Sell Stop 5 and 6 are reached. Thus, in worst case, there will be 3 open Sell Trades and 6 Buy Stops in HGI direction 30 pips up from last opened Sell position.
Does it make any sense?
The following may help with clarification (if I understand correctly)...
The request is about having opposite side stop orders trail when a stop order is activated.
For example when a buy stop activates then the sell stop order(s) would be moved up so that the closest would be placed the grid gap amount below the buy order fill price.
The next sell stop order (if any) would be gap amount below again and so on according to the grid size in effect.
The current price pattern is asymmetric. i,e, when a buy stop order fills then the gap to the first sell stop is now 2*gap. So when the price moves in the wrong direction from the buy order price has to move 2*gap before the closest sell stop will fill. This increases the loss from the buy order versus having the sell stop kick in at 1*gap from the fill price.
So in summary, the suggestion is to have the EA move opposite side sell stop order(s) to start at gap*1 from an order fill price and reduce the loss potential from a price reversal from that most recent order fill.
Clear as mud?
the processor is pretty steady at 9% to 12%.